It is office space available on lease at Dadar East.
Dadar East is still considered as City Centre to Mumbai. One of the Key reasons being that Dadar Terminus for both Bus and Train are famous as Mumbai City residents come from suburbs to catch trains or buses here. Dadar East from a real estate perspective has transformed significantly over the past 10 Years. The Eastern Express and the wide roads connects Dadar East to Wadala, Matunga West, Parel, Lower Parel and going towards the South to Bombay VT or towards Thane.
The lease rent demand in Dadar East is luke warm, so you may get good deals on rent in select buildings, at the same time availability is Thin.
Even BKC as a district is closer to Dadar East through the connectivity through Dharavi outer road. The best location to be in Dadar East is towards the ICC Towers where Bombay Realty is developing a large complex with Modern Towers. Springs is already ready and now ICC 1 and 2 are being built. Sugee Group, Ruparel Realty, Bombay Realty, Narang Civilizations, Ekta Group are currently developing residential towers here. The resale market in Dadar East is luke warm currently in 2018 and we anticipate that owing to a lot of New Constructions upto Chembur, the markets are likely to be stable.
Dadar in the next 4 years will see a huge infrastructure impact as the Trans Harbour Sea Link from Sewri is likely to be 10 - 15 min drive from most of the places in Dadar East. The Lease rent market in Dadar East is more confined to either absolute new buildings or older buildings, where the rents are minimal. Besides a few Marquee buildings in Dadar East like Springs by Bombay Dyeing, we have not see much traction in any other buildings.